|Day's Range||23.18 - 23.44|
|52 Week Range||18.40 - 27.95|
|PE Ratio (TTM)||50.28|
|Dividend & Yield||0.30 (1.79%)|
|1y Target Est||N/A|
Mining companies operating in Chile are examining restarting projects that were put on hold in recent years due to a copper price slump, the mining minister and industry executives said, though final investment decisions will wait until political uncertainty lifts after the November presidential elections. The price of copper, by far Chile's most important export, started to slowly recover in October, after years of weak demand for the red metal. "One perceives more movement from the projects that were, one way or another, delayed by price," Chilean Mining Minister Aurora Williams told Reuters in a recent interview.
BHP Billiton Limited (BHP) approved an initial funding of $184 million for the South Flank project.
Canada's Mkango Resources , one of a handful of rare earth miners outside China, aims to start production in Malawi in 2020 to catch an expected leap in demand for the metals that are used in electric vehicles and other new technologies. Demand for rare earths, which range from neodymium used in electric motors to lanthanum used to make batteries, is increasing with the emergence of new, greener technology.